Accountancy

Whether you are a sole trader, a partnership or a limited company, year end accounts have to be prepared for either disclosure on your personal tax returns or for submission to Companies House. We have clients who provide us with a range of books and records from a bag full of receipts to a fully computerised trial balance.

Once draft accounts have been prepared we will arrange an appointment for us to meet and to discuss any issues we or you may have. This provides us with at least an annual face-to-face meeting, whereas other accountants may just send out a set of accounts to you with no further contact.

Company Accounts/Partnerships/Sole Traders/Charities

Limited company accounts are prepared by qualified staff who have a thorough knowledge of the latest FRS standards. Filing deadlines are guaranteed to be met.

Whether you are set up as a partnership or a sole trader, you can expect the professionally prepared accounts in a timely manner. We can identify areas for improvement, whether it be in your profitability or your bookkeeping.

Management Accounts

In the changing economy our clients are finding it more and more useful to have an understanding of their current financial position. This may be for bank purposes, to assist tax strategies or to see how the business has performed.

We at LHP have a team of management accounts experts who will either come to your premises or work from our offices to prepare a monthly, quarterly or 6-monthly set of accounts, which allows you to keep your finger on the pulse.

Through the use of cloud technology, preparing your financial information couldn’t be quicker or easier – just ask us for a demo.

Cash flows & Business Planning

Regular business cash-flows and projection reports can help your business to keep abreast of your financial position, provide warnings of future problems and issues that may arise.

Other projections, such as balance sheet and profit & loss reports are also useful, especially when attempting to raise finance.

The key to any successful business is to have a clear plan which during its implementation is monitored and measured so that corrective action can be taken where necessary.

The aim of our business planning service is to:

Identify where your business is now.

Plan effectively for the future.

Focus on key strengths.

Improve management information.

Maximise the effective use of resources.

Identify funding requirements.

Forecast the financial implications of the project.

We can assist with the preparation of future plans and the preparation of annual budgets and financial forecasts.

Grant Claims

We prepare grant claims across a wide range of industries. These are done on a timely basis to ensure the business receives the funding when it is required the most, without undue delay.

Testimonials

A large specialised building supplies company based in Cardiff requiring fully compliant ISA audit.

As a national company, trading in a highly dynamic market we required a firm of auditors who both understood our business environment and who could make a genuine contribution to our success.

LHP have more than exceeded our expectations in all these areas and have proven to become an extremely valued and trusted business adviser.

Blue Bay Building Products Ltd

LHP have shown that accounting is about more than just end of year accounts, and just as much about helping me manage my accounting needs throughout the year getting good solid tax and vat advice along the way.

They have also helped by listening when I have query and sign posting me to other services that have given me guidance on other business issues and by opening up other the business networks in financing and legal advice within an associate network throughout west Wales

Dai Nicholas

Nicholas MKTG - Experienced business consultant and manager.

I am very pleased about the accountancy services you have provided me over last several years. I understand the difference it made comparing service I received from previous accountant of another local company. What I find especially important is your easy accessibility, quick appointments, fast reply to emails which puts my mind at ease as things are then dealt with and sorted.

The accounts are prepared in a timely manner efficiently including dealing with queries from taxman which could be …

We would like to take this opportunity of expressing our appreciation of our accountants LHP, and thanking them for taking good care of our business over a great number of years. As a family, we are the third generation with LHP, and that in itself speaks volumes.

Messrs Jones, Gilfach, Llangain - Dairy and Beef Farmers

When in business, one needs a great accountant. Eirian of LHP has offered just that.
The daunting experience of setting up in business was made significantly easier through LHP’s support and guidance.
The company’s strengths are their understanding of the farming industry, their attention to detail and their personal and professional service.
I have no hesitation in recommending LHP accountants as I consider Eirian to be a valued member of the team.

Samuel Carey, Milkwell Ltd.

From the moment that I transferred my accounting to LHP I felt they had my best interests at heart. They are committed to helping you understand the best ways to manage elements of your business, as well as taking the time to understand your business. The information is clear, concise and delivered in a friendly informative manner.

When you are busy doing what you do best, it make good economic sense to let them do what they do best – save you money! Highly recommended and trusted firm of a…

Sarah Ray, Design Marque - Graphic Designer

Wish I had Xero 20 years ago.

Chris James - Pharmacist Director at Walter Lloyd & Son Ltd

Having been clients of LHP for the last 17 years or so I regard them as friends who have my best interests at heart. During this time I have always found them to be efficient, friendly and courteous and they have been extremely helpful with sound financial advice on many fronts ranging from taxation to investments.

I look forward to the association with LHP for many years to come.

Tim Lewis -West Wales Dental and Implant Clinic

We are a local construction company and have been using LHP for a few years. We find them to be very efficient and accessible. They are extremely pro active and give excellent advice on both accountancy and taxation matters for our business. All the staff that we have dealt with in the office are friendly and extremely knowledgeable and it is important to us that the majority of them speak Welsh.

Fabricators and erectors of steel framed buildings

S J Construction (Gwili) Ltd

Excellent professional and practical advice on all aspects of my business and personal tax affairs – no problem is too great or too small for them to resolve.

Evans and Davies Solicitors - Solicitors Aberaeron and of The Hive Aberaeron.